Geekay Wires approves 2-for-1 share split; record date October 24
GEEKAYWIRE · price
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On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.7 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved subdividing 52,260,000 equity shares of Rs 2 each into 104,520,000 shares of Rs 1 each. Shareholders approved the split on September 26, 2025, and the record date is October 24, 2025.
The share count doubles and face value halves. Shareholder ownership and total value remain unchanged at the adjustment, while the per-share price normally adjusts.